Well I'll go ahead and solidify my reputation around here and comment that I've completely agreed with QE. It's the remedy when you are facing massive deflation. Yes DEflation. Bernanke was not going to make the same mistake the Fed did in the 1930's when they tightened too fast and set off the 37-38 recession.
I have a question please regarding this post, in which deflation was mentioned and of the danger of such and is why you supported QE. My question ... How is inflation better for the economy than deflation?
I do agree that in a perfect world there would be neither deflation or inflation but with QE inflation was guaranteed. Incomes, for families, has decreased. How is inflation better for families when families have less money due to inflation?
90 posted on 02/07/2014 12:23:12 PM PST by no-to-illegals
(Scrutinize our government and Secure the Blessing of Freedom and Justice)